Reading time: 2 minutesThis acquisition complements Sulzer Metco’s high-performance carbon friction product line with a well-proven woven carbon friction material. It also strengthens Sulzer Metco’s position in the global truck and passenger car market. Sulzer’s global presence will foster the worldwide market penetration of Thermoset’s products.
Over the last 20 years, Thermoset has been the pioneer company in the field of woven carbon friction materials for power train applications for medium, light, and heavy trucks as well as for selected car applications. Thermoset has developed and established superior carbon friction materials based on carbon fiber. With that, the company has built up comprehensive expertise in processing and applications.
Sulzer Metco’s operational unit, Friction Systems is a global technology leader in carbon-composite and two-layer technology for synchronizer applications. The acquisition strengthens Sulzer Metco’s technology position and product portfolio. Sulzer’s global presence will allow broad distribution and market penetration for the products developed by Thermoset and penetration into all growth regions and emerging markets.
The integration of the acquired business of Thermoset into Sulzer Metco has started on January 1, 2013. All 35 employees will be retained and the Mequon site will be further strengthened. Sulzer will, of course, maintain the dedication to the customers and commitment to quality that Thermoset has successfully demonstrated for so long.
Media Contact:
Verena Gölkel Head of External and Internal Communications Phone +41 52 262 72 72 Fax +41 52 262 00 25 email: news@sulzer.com
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Source: Sulzer AG, Press release